Mitsubishi Electric Dividend yield




   JPY/share 
 Price  1,419.00
 Dividend  40.02
 Earnings  108.32
 Cash-flow  133.87
 Book value  1,419.00
 Equity  1,354.00

Mitsubishi Electric is part of Industrial Engineering business, which is part of Industrials industry. Mitsubishi Electric is a company from Japan, and his stocks are publicly traded.

Mitsubishi Electric paid a total dividend of 84,522 million JPY last year, for a market value of 2,996,928 millions (Market Cap 2,754,669 millions). Dividend per share of Mitsubishi Electric is 40.02 JPY, and his stock market price 1,419.00 JPY.

According to the chart below, where dividend yield is displayed, Mitsubishi Electric has a dividend yield of 2.82%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Mitsubishi Electric dividend yield with other Industrial Engineering companies or firms from Japan.

Dividend yield of Mitsubishi Electric

Mitsubishi Electric Dividend Payout

About the ability of Mitsubishi Electric to maintain his current dividend of JPY 40.02 per share, an amount that accounts for 2.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mitsubishi Electric payout on ernings is currently 36.95%, which is lower than the market average, but higher than companies of Industrials industry, which are 40.22% and 36.22% respectively. Both figures show that Mitsubishi Electric is in a good position to keep maintaining his dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Mitsubishi Electric is JPY 133.87 per share, which is higher than the dividend per share paid by the company of JPY 40.02, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Mitsubishi Electric, compared againt world market average, Japan companies, Industrials industry and Industrial Engineering sector companies.

Mitsubishi Electric payout

Mitsubishi Electric Dividend History

Year Yield  JPY  Paypout  Shares* 
Present2.82%40.0236.95%2,112
20212.74%39.9839.18%2,145
20202.31%35.9731.19%2,145
20192.67%40.0234.17%2,145
20183.29%40.0428.95%2,146
20171.71%32.0129.41%2,146
20161.71%26.9725.31%2,147
20151.98%26.9924.75%2,147

*In millions

Mitsubishi Electric Stock performance

Finally, last moth Mitsubishi Electric showed a return of 1.00% compared to a worldwide -0.44% average, and a -1.21% of Industrials firms. Over the last year, the company obtained a -5.80% versus a worldwide performance of a -6.34%. More detailed information can be seen in the following graph for Japan and Industrial Engineering firms.

Mitsubishi Electric stock and market return